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Much of the economic growth literature has focused on the contribution of human capital to national development. Two assumptions have remained largely unexamined: (I) economic stability results from economic growth, and (II) investments in human capital result in economic growth (ceteris...
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Turkey faces the challenge of human investment and high inequality in education. The mapping of the country shows disparities by region, by gender, ethnicity, etc., according to the school cycles. Our study then analyzes the Turkish educational challenges in order to interpret and analyze the...
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This article deals with the relevancy of expansionary monetary policy in a situation of financial crisis in an historical perspective. We simulate, within a svar framework, the effects of expansionary monetary policy over the period 1929-1933, in the us. We suggest a renewed monetary lesson in...
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